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Property profile & analytics
FOR LEASE
Commercial real estate

11649 N Port Washington Rd Mequon, WI 53092

3.16 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US92-0463108
Property summary
AI-generated overview

Lexington Square offers a diverse range of office spaces in Mequon, Wisconsin, ideal for businesses seeking flexible and convenient locations. This Class B office building, constructed in 1998, boasts a total of 43,524 square feet and currently has seven available suites ranging from 548 to 2,350 square feet. The property is conveniently situated near the I-43 Mequon Road exit, providing easy access for employees and clients. The building features a convenient skywalk connecting multiple buildings, enhancing accessibility and creating a cohesive work environment. The property type is categorized as Office and Retail, accommodating a variety of business needs. The building's multiple tenancy structure allows for a flexible and adaptable workspace. A significant advantage is the ample free surface parking available, eliminating parking hassles for tenants and visitors. The available suites are move-in ready, minimizing the time and effort required to establish operations. The location's proximity to retail amenities provides added convenience for employees and clients alike. This versatile property is suitable for executive offices, coworking spaces, medical offices, creative offices, and traditional office setups, catering to a broad spectrum of business types within Ozaukee County. The building's design and amenities make it an attractive option for businesses seeking a well-located and functional workspace.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 3.16 ac (137,432 SF)
APN 15-019-04-013.00
UPID US92-0463108
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.79M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.21M
Owner & transaction history
Milanco Properties LLC · 5 yrs held
Milanco Properties LLC
since 2021
Last sale
$4.0M
1 recorded transaction
2021
$4.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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